Author: Peter Carlisle

Thai Property developer Ananda Development losses pile on in 2021 due to pandemic impact Property developer Ananda Development Plc (ANAN) reported a 2021 full-year net loss of 457 million baht. The losses were a 120 per cent increase from 2020 which the company blamed on weak property demand caused by the Covid-19 pandemic. The company’s […]

Thai developer Pruksa Holding plans spending spree of 3.5 billion baht in property and healthcare technology startups SET-listed developer Pruksa Holding Plc (PSH) will invest 3.5 billion baht in property and healthcare technology startups to strengthen its core businesses and boost recurring income, after going through a restructuring and a clearance of its inventory over […]

Grand Nikko Bangkok Sathorn hotel to open in 2025 Okura Nikko Hotel Management will open its fifth property in Thailand come 2025, when the construction of Grand Nikko Bangkok Sathorn is completed. Located in the Sathorn district, the first Grand Nikko-branded hotel in Thailand will offer 405 keys, of which 36 will be designed for […]

Thai businesses appeal to government to cut labour import cost Businesses struggle amid dire shortage Businesses have appealed to the Labour Ministry to reduce the expenses involved in importing migrant workers and shore up labour shortages. Labour Minister Suchart Chomklin said so far labour imports via the memorandum of understandings (MoU) signed with neighbouring countries […]

Siam Commercial Bank, Gunkul Engineering offer solar rooftop campaign to help clients pay less electricity costs Thailand’s major lender Siam Commercial Bank Plc (SCB) has partnered with energy producer Gunkul Engineering Plc (GUNKUL) to offer clients discounts on solar rooftop installation fees, in the aim of lowering their electricity bills this summer. In a “Save […]

Thailand’s CK Power plans 2.8 GW of renewable electricity generating capacity by 2024 Thai power producer and distributor CK Power PCL (BKK:CKP) plans to more than double in size over the next three years by adding some 2.8 GW of renewable electricity generating capacity. Managing director Thanawat Trivisvavet stated that the company intends to build […]

Pattaya ‘skywalk’ park study ready in April 2022 The feasibility study for a skywalk park on Pratamnak Hill below the Pattaya City sign will be complete in April and passed on to the Eastern Economic Corridor board to fund. Pattaya engineering chief Boontien Jansuk chaired the second public hearing into the six-rai project Feb. 20 […]